Detroit's bankruptcy filing has a message for the rest of the county: Your city or state might be next if you don't fix your finances! Unlike the federal government, cities and states can't "print" the money to pay for their promises. And the most egregious promises have been made to public workers, many of whom are now retired and living on ...
WASHINGTON — Drawing renewed attention to the economy, President Barack Obama will return this week to an Illinois college where he once spelled out a vision for an expanded and strengthened middle class as a freshman U.S. senator, long before the Great Recession would test his presidency. The address Wednesday at Knox College in Galesburg, Ill., ...
WASHINGTON — Reviving his populist re-election message, President Barack Obama will press a politically-divided Congress to approve more tax increases and fewer spending...
(CNNMoney) -- Pete Davis is president of Davis Capital Investment Ideas. He worked for Democrats and Republicans on Capitol Hill, serving as an economist...
(AP) — Feeling the pinch of the sluggish economic recovery, many Americans setting out on the nation's annual Thanksgiving migration had to sacrifice...